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Note 6 - Stock-Based Compensation
 6 Months Ended
Nov. 24, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

6.            Stock-Based Compensation


In the three and six months ended November 24, 2013, the Company recognized stock-based compensation expense of $361,000 and $639,000, respectively, which included $184,000 and $354,000 for restricted stock unit awards and $177,000 and $285,000 for stock option grants, respectively.


In the three and six months ended November 25, 2012, the Company recognized stock-based compensation expense of $323,000 and $671,000, respectively, which included $141,000 and $298,000 for restricted stock unit awards and $182,000 and $373,000 for stock option grants, respectively.


The following table summarizes the stock-based compensation by income statement line item:


   

Three Months

Ended

November 24,

2013

   

Three Months

Ended

November 25,

2012

   

Six Months

Ended

November 24,

2013

   

Six Months

Ended

November 25,

2012

 

Research and development

  $ —     $ 104,000     $ 14,000     $ 214,000  

Sales, general and administrative

  $ 361,000     $ 219,000     $ 625,000     $ 457,000  

Total stock-based compensation

  $ 361,000     $ 323,000     $ 639,000     $ 671,000  

As of November 24, 2013, there was $2.7 million of total unrecognized compensation expense related to unvested equity compensation awards granted under the Landec equity plans. Total expense is expected to be recognized over the weighted-average period of 2.5 years for stock options and 2.2 years for restricted stock unit awards.